Pensions Project Administrator, £28,000pa

Due to continued success, my client is seeking a Pensions Project Administrator to join a new department within the business. They can offer a friendly, modern work culture, great career development along with a competitive benefits package. If you have experience of working within Pensions, this is an opportunity not to be missed.



Pensions Project Administrator


Sheffield


Full time & Permanent


Salary up to £28,000pa, 25 days holiday plus bank holidays, free parking + more!


Ability for a remote start / working during current climate



The purpose of this role is to assist in the reconciliation of Guaranteed Minimum Pensions (GMP's) and calculation routine testing.



Key Duties:


If not already, you will become adept at performing pension scheme calculations, and gain the following experience:



  • An understanding of the GMP Reconciliation process in terms of how it works and what it aims to achieve

  • An understanding of how to use HMRC's Shared Workspace tool

  • An understanding of how a GMP is formed and the various revaluations attached to a GMP

  • A good understanding of Excel

  • An understanding of all member movement events

  • An understanding of bulk activities i.e. pension increases and benefit statements

  • The structure and testing of calculation routines


As part of any rectification work you will:



  • Maintain membership records on the administration system

  • Calculate benefits for members

  • Deal with queries from members, the employer and the trustees by telephone, email and letter

  • Liaise with HM Revenue and Customs

  • Sort and file client documentation


Desired Experience:



  • Previous Pensions Administration experience including an understanding of manual calculations

  • Previous projects or project management experience

  • A keen eye for details

  • A methodical and logical approach

  • Willing to study for APMI qualifications if not already obtained



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